Description
NearPAD is a decentralized finance (DeFi) platform developed within the NEAR protocol ecosystem, aiming to improve DeFi accessibility and functionality. It features a decentralized exchange (DEX) for liquidity and swapping of cryptocurrency pairs, a launchpad for supporting new projects through Initial Dex Offerings (IDOs), and yield farming mechanisms for token staking and rewards. Targeting both developers and users, NearPAD leverages the NEAR protocol’s low transaction costs and high throughput to provide a scalable, user-friendly DeFi platform. It seeks to position itself as the primary gateway for the DeFi ecosystem on Aurora, incorporating a DEX AMM, launchpad, and incubator to nurture the Aurora DeFi ecosystem. Backed by prominent VCs including NGC Ventures, Flow Ventures, and Near Foundation, NearPAD aims to cater to a wide audience within the cryptocurrency sector, from investors and traders to project developers.
NearPAD is a decentralized finance (DeFi) platform developed within the NEAR protocol ecosystem, aiming to improve DeFi accessibility and functionality. It features a decentralized exchange (DEX) for liquidity and swapping of cryptocurrency pairs, a launchpad for supporting new projects through Initial Dex Offerings (IDOs), and yield farming mechanisms for token staking and rewards. Targeting both developers and users, NearPAD leverages the NEAR protocol’s low transaction costs and high throughput to provide a scalable, user-friendly DeFi platform. It seeks to position itself as the primary gateway for the DeFi ecosystem on Aurora, incorporating a DEX AMM, launchpad, and incubator to nurture the Aurora DeFi ecosystem. Backed by prominent VCs including NGC Ventures, Flow Ventures, and Near Foundation, NearPAD aims to cater to a wide audience within the cryptocurrency sector, from investors and traders to project developers.
